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(a) Each nonpublic, pre-elementary school must have bodily injury liability insurance in an amount not less than $100,000 per child, $300,000 per accident, with a company authorized to do business in the State of Alaska. Policies must contain the following endorsement:
"In the event of cancellation of this policy, the company agrees to give 30 days' advance notice to the Department of Education and Early Development, P.O. Box F, Juneau, Alaska 99811."
(b) If the insurance required under (a) of this section is allowed to lapse more than once in a 12-month period, the second policy lapse is grounds for termination of approval.
History: Eff. 4/20/73, Register 45; am 5/20/77, Register 62
Authority: AS 14.07.020 (8)
Editor's note: As of Register 151 (October 1999), the regulations attorney made technical revisions under AS 44.62.125 (b)(6) to reflect the name change of the Department of Education to the Department of Education and Early Development made by ch. 58, SLA 1999, and the corresponding title change of the commissioner of education.
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Last modified 7/05/2006